1.09% Mortgage*: Premium Homes Made Affordable
We’ve partnered with Own New to provide a simple route to exclusive mortgage rates on new‑build homes, open to all buyers and offering full ownership, so you can move into your new home with confidence. (T&C’s apply)
Own New Rate Reducer Mortgage
The Own New Rate Reducer is a mortgage scheme designed to help make buying a new‑build home more affordable.
With an Own New Rate Reducer mortgage, you can benefit from a lower interest rate and reduced monthly payments for an initial fixed period of 2 or 5 years. It works like a standard mortgage, but with lower payments during the introductory term to help ease the cost of getting started.
This means you can purchase a brand‑new Stonebridge home with the confidence of full ownership, while enjoying lower monthly repayments in the early years.
Affordable mortgages without the compromise
With the Own New Rate Reducer mortgage, you will also benefit from:
- Lower interest rates for the initial fixed term
- Reduced monthly payments to help improve affordability
- Available with deposits from 5%
- 100% ownership of your new home
- Suitable for first‑time buyers and home movers
Mortgage rates below 1.09%* with Own New Rate Reducer
*T&Cs: Example assumes a 5% homebuilder incentive and is based on mortgage rates available in the market, with a 2 year initial period and an LTV of 80%. Savings made in the initial fixed period. Independent financial advice must be sought from a regulated mortgage broker to access this scheme. Your home may be repossessed if you do not keep up your mortgage repayments. Rates valid as of 04-03-2026
Rate Reduce CalculatorHow it works
Follow these easy steps and get close to owning your dream Stonebridge home
Step one
See how much you could save with the Rate Reducer calculator.
Step two
Speak to one of our Sales Advisors who can recommend an approved independent mortgage broker, who will help you determine if Own New’s Rate Reducer is right for you
Step three
Find the right Stonebridge home for you
Step four
Work with your Sales Advisor to customise your home.
Step five
Own 100% of your new home!
FAQ’s
Discover more about Own New Rate Reducer mortgages
This scheme is open to anyone purchasing a new build property including first time buyers and home movers. Own New works with home builders and lenders behind the scenes, repurposing the home builder incentive and using this with the lender to reduce the interest rate and monthly mortgage payments for the initial term.
Availability may vary by development and plot. Please speak to your Stonebridge Sales Advisor for details on eligible homes and current rates.
Your mortgage is directly with the lender. Own New is the platform that sits between your broker and the lender to ensure you get a great deal.
Once you’ve found one of our properties you love, one of our sales advisers can recommend an Own New approved broker who will guide you through the mortgage application process.
Yes. With an Own New Rate Reducer mortgage, you’ll have full ownership of your Stonebridge home, just like a standard mortgage.
At the end of the 2 or 5‑year fixed term, your mortgage will move onto your lender’s standard variable rate unless you choose to remortgage or switch to a new deal. Your mortgage advisor will be able to guide you through your options at that time
*T&Cs: Independent financial advice must be sought from a regulated mortgage broker to access this scheme. Your property may be repossessed if you do not keep up repayments on your mortgage or other debt secured on it
Find a home
We have beautiful homes throughout the North East, Yorkshire and the Midlands. As well as several show homes, we also have a varied selection of virtual tours to help you experience what living in a Stonebridge Home is like.
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